Retail News Round Up_Feb 18,2016

Retail News :

  • Worlds cheapest smartphone priced at Rs 251 hits Indian market
  • Paytm to leverage merchant partnerships & consumer base to triple its wallet transactions to $10 million a day
  • Fashion brand Ws parent plans to raise $100 million from PE funds
  • Google makes fresh push into grocery delivery

  • Britannia to invest Rs 900 crore on new greenfield plants, innovation
  • Amazon launches ‘Tatkal’ initiative for small and medium businesses
  • Abof clocks Rs 100 crore gross merchandise value within 90 days of launch
  • Alibaba to work with NDRC in rural areas
  • Amazon expanding deliveries by its ‘on-demand’ drivers
  • Small sellers skip add-on options in online marketplaces
  • PepsiCo inks pact with Maharashtra to promote fruit processing
  • Big Bazaar Direct ties up with Oxigen Services to expand its e-commerce reach
  • Tracxn raises fresh funding from Nandan Nilekani, Mohandas Pai, Neeraj Arora & Anand Rajaraman
  • Uber Signs Agreement with Maharashtra Govt to Create 75,000 Jobs #MakeinIndia
  • Foodpanda launches 30 Min Express Delivery in Gurgaon
  • Freedom 251 Quadcore Smartphone 1GB RAM Launched For Rs. 251 ($3.8)

Freedom 251 smartphone

 

“Don’t let the fear of losing be greater than the excitement of winning.”

-Robert Kiyosaki

 

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